SECTION 200:20-1-3. Policy statement; interpretation and application of rules

(a)   It is the duty and policy of the Authority to fully and expeditiously implement and administer the objectives, purposes and intent of the Declaration of Trust and the Act. The rules of this Chapter are accordingly adopted to assist in the effectuation and implementation of the Declaration of Trust and the Act.

(b)   The rules, regulations, modes of procedure and Authority policies and guidelines in this Chapter provided shall in all instances be subject to and given a liberal, reasonable, fair and impartial construction interpretation and application to the end that the intent and purposes hereof may be obtained in compliance with the laws of the State and the public purposes sought to be served thereby.